In a statement, the Treasury Secretary said she disagreed
with the ruling.

"The refund payment of over $200 million, which according to
the 2012 agreement is to be paid in five installments over a
five year period, will remain contested by the Commonwealth of
Puerto Rico until appeal processes within the judiciary system
are resolved."

She noted that "applicable law allows for longer payment
plans for payment of judgments."
(Reporting By Robin Respaut; Editing by Ken Wills)